Investment Managers/Advisers are required to manage their clients’ portoflios and individual investments in a diligent and professional manner. Clients and regulators are increasingly requiring Investment Managers/Advisers to evidence their investment controls:
- Pre-Trade – ensuring proposed trades are assessed for their individual IMA compliance and overall portfolio impact
- Periodic – reassess individual assessments and the overall portfolio daily, weekly, monthly, etc.
Portfolios and individual investments should meet the investment objective(s) and follow the instructions stated in the IMA and related documents.